Dick’s Sporting Goods Raises Outlook Following Strong Q2

September 4, 2024

Dick’s Sporting Goods raised its 2024 outlook on Wednesday morning after the retailer reported sales and earnings figures that beat expectations.

In the second quarter, the sporting goods store’s revenues were $3.47 billion, up 7.8 percent from the same quarter last year and ahead of the $3.44 billion expected by analysts surveyed by Yahoo Finance. Earnings per diluted share were $4.37, up 55 percent from last year and ahead of the $3.83 analysts were looking for. Comparable store sales were up 4.5 percent. FN